XRP continues to tear despite the market swing, come 0.55 $? (Ripple price analysis)

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Nach einer längeren Konsolidierungsphase ist XRP endlich gestiegen und hat die signifikante Widerstandsmarke von 0,42 $ überschritten. Der Gesamtausblick erscheint bullish. Die Kryptowährung sieht sich jedoch derzeit einem Widerstandsniveau auf ihrem vorherigen großen Swing-Hoch gegenüber. Technische Analyse Von Shayan Das Tageschart XRP verbrachte einen längeren Zeitraum damit, sich innerhalb eines engen Bereichs des Dreiecksmusters zu konsolidieren. Es ist schließlich sowohl über die obere Grenze des Dreiecks als auch über den gleitenden 200-Tage-Durchschnitt bei etwa 0,4 $ gestiegen. Anschließend ging der Preis zurück auf das Niveau von 0,4 $ und bildete einen Pullback, bevor er seinen Aufwärtstrend fortsetzte. In der Zwischenzeit …
After a longer consolidation phase, XRP has finally increased and exceeded the significant resistance brand of $ 0.42. The overall outlook appears Bullish. However, cryptocurrency is currently facing a level of resistance on its previous big swing high. Technical analysis of Shayan The daily type XRP spent a longer period of time consolidating within a narrow area of ​​the triangle pattern. After all, it has increased above the upper border of the triangle and the sliding 200-day average at around $ 0.4. Then the price went back to the level of $ 0.4 and formed a pullback before continued to continue his upward trend. In the meantime … (Symbolbild/KNAT)

After a longer consolidation phase, XRP has finally increased and has exceeded the significant resistance brand of $ 0.42. The overall outlook appears Bullish. However, cryptocurrency is currently facing a level of resistance on its previous big swing high.

technical analysis

of Shayan

the daily -type

XRP spent a longer period of time consolidating within a narrow area of ​​the triangle pattern. After all, it has increased above the upper border of the triangle and the sliding 200-day average at around $ 0.4. Then the price went back to the level of $ 0.4 and formed a sweater before continued to continue his upward trend.

In the meantime, the next resistance region, which XRP can encounter in the daily time frame, is within the price range of $ 0.58 $ 0.58. As a result, the overall outlook is currently optimistic, and an increase towards the price level of $ 0.55 seems to be a probable scenario at short notice.

xrp_price_Chart_2803231 Tradingview

The 4-hour diagram

Typically a healthy house-punch rally is characterized by an impulsive phase in which the price experiences a significant increase, followed by a correction phase in which it forms and forms in a consolidation.

This pattern can be observed on the 4-hour chart, where the price experienced an explosive increase and exceeded the resistance level of $ 0.4 (impulsive phase) before it entered a consolidation phase and formed a triangular pattern (correction phase).

However,

XRP has recently exceeded the upper boundary of the triangle, which confirms the bullish rally and experienced an increase. Nevertheless, his next significant level of resistance lies with the previous big swing of $ 0.51

take everything into account, rippledie prospects of are currently optimistic, and the price seems to increase in the direction of the resistance zone of $ 0.55.

XRP_Price_Chart_2803232 Tradingview

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